Tender for land parcel at Choa Chu Kang Drive received 6 bids
The highest bid came from Camborne Developments with a tender price of $170,100,000 or $3,453.71 psm.
According to HDB, the land parcel has a site area of 17,589.8 sq m with a maximum GFA of 49,251.44 sq m.
In a statement, Li Hiaw Ho, Executive Director of CBRE Research said, the subject site is adjacent to Mi Casa condominium which is currently under construction. It is just a few minutes' walk from Choa Chu Kang MRT station and Lot 1 shopping mall. The site is within the Choa Chu Kang HDB estate and The Warren and Northvale are the private estates in its neighbourhood. Amenities located in close proximity to the site include Choa Chu Kang Library, Choa Chu Kang Park, Choa Chu Kang Swimming Complex, Chia Chu Kang Sports Hall & Tennis Centre and Choa Chu Kang Stadium.